What is BNB fee?

Purchasing Binance (BNB) tokens to pay fees with a 25% discount. … Binance vs. Coinbase: Fees. FeesBinanceCoinbaseTrades0.015% to 0.1%0.50%Other fees0.50% instant buy and sell fee$0.99 to $2.99 based on the amountBinance vs. Coinbase: Which Should You Choose? – Investopedia www.investopedia.com › binance-vs-coinbase-5120852

BNB Coin is a cryptocurrency that is used primarily to pay transaction and trading fees on the Binance exchange .

All of the 100 million BNB tokens available for public sale were sold during the ICO at 15 cents per token . Therefore, Binance raised a total of US$15 million in bitcoin and ethereum.